The Hanoi times\u00a0\u2013 Bulgarian Minister of Economy Bonzidar Lukarsky appreciated that the Vietnam-Bulgaria Business Forum held in Hanoi on October 17 serves as a good chance for enterprises of the two\u00a0countries\u00a0to learn about each other market, approach and take advantage of cooperation and investment\u00a0opportunities\u00a0in various fields.<\/p>\n
The Vietnamese Ministry of Industry and Trade organized the Vietnam-Bulgaria Business Forum in Hanoi on October 17 to seek\u00a0opportunities\u00a0for investment and cooperation<\/strong> in various field during the visit of a Bulgarian business delegation to Vietnam led by Minister of Economy Bonzida<\/p>\n Speaking at the forum, Minister of Industry and Trade Tran Tuan Anh emphasized the importance of bilateral cooperation<\/strong> between the two countries\u00a0in the recent years, and highlighted the potential of bilateral trade and investment. The minister vowed to\u00a0create\u00a0favorable conditions and a simpler legal framework for economic cooperation<\/strong> activities between the two nations as well as study incentives to help the two\u00a0countries\u2019 businesses to approach and carry out trade investment and\u00a0promotion\u00a0programs\u00a0effectively. Addressing the event, Minister Bonjidar Lukarsky appreciated the forum is considered as a good chance for enterprises<\/strong> of the two\u00a0countries\u00a0to learn about each other market, approach and take advantage of cooperation and investment\u00a0opportunitie<\/strong>s\u00a0in many fields. <\/p>\n Source:\u00a0http:\/\/en.vietnamplus.vn\/<\/p>\n","protected":false},"excerpt":{"rendered":" The Hanoi times\u00a0\u2013 Bulgarian Minister of Economy Bonzidar Lukarsky appreciated that the Vietnam-Bulgaria Business Forum held in Hanoi on October…<\/p>\n","protected":false},"author":1,"featured_media":11336,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[209,242],"tags":[213,214],"class_list":{"0":"post-13617","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sr-blog-bulgaria-news-he","8":"category-doing-business-in-bulgaria-he","9":"tag-business-developmenet-he","10":"tag-business-environment-he"},"_links":{"self":[{"href":"https:\/\/sr-management.bg\/he\/wp-json\/wp\/v2\/posts\/13617","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sr-management.bg\/he\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sr-management.bg\/he\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sr-management.bg\/he\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sr-management.bg\/he\/wp-json\/wp\/v2\/comments?post=13617"}],"version-history":[{"count":0,"href":"https:\/\/sr-management.bg\/he\/wp-json\/wp\/v2\/posts\/13617\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sr-management.bg\/he\/wp-json\/wp\/v2\/media\/11336"}],"wp:attachment":[{"href":"https:\/\/sr-management.bg\/he\/wp-json\/wp\/v2\/media?parent=13617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sr-management.bg\/he\/wp-json\/wp\/v2\/categories?post=13617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sr-management.bg\/he\/wp-json\/wp\/v2\/tags?post=13617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nMinister Tran Tuan Anh noted the structure of goods between Vietnam and Bulgaria has been more diverse on categories and recorded positive changes in the added value.<\/p>\n
\nHe also recommended Bulgaria to encourage and help agencies and enterprises of the two\u00a0countries\u00a0to connect and cooperate<\/strong> in fields of the two\u00a0countries\u2019 strength and need, including transport infrastructure, irrigation development, materials for garments and textiles, electricity resources development, chemicals and pharmaceuticals.
\nVietnam\u2019s major export goods to Bulgaria include coffee, garment and textiles, seafood, pepper and\u00a0cashew\u00a0while importing pharmaceuticals, chemicals, pesticides, wheat, and machinery.
\nHowever, despite rapid growth in recent years, the trade exchange has been modest and yet to match the potential.
\nAccording to the statistics from the General Department of Customs, by the end of August, 2016, the two-way trade exchange between Vietnam and Bulgaria reached 96.7 million USD, up 88 percent from 2015.
\nOf which, Vietnam\u2019s export value reaches only 31 million USD, a 19-percent increase from 2015, and imported the amount of goods worth 65.6 million USD, up 157 percent from the previous year.<\/p>\n
\nBonjidar Lukarsky highlighted that the trade prospect between the two countries\u00a0is bright, especially as a number of bilateral and multilateral\u00a0free trade agreements between Vietnam and\u00a0countries\u00a0in the region and the world have been signed recently.
\nVietnam is one of Bulgaria\u2019s key economic partners in\u00a0Southeast Asia, he said, adding that Bulgarian enterprises are interested in conditions and investment incentives in Vietnam, especially institution, business environment and support mechanism.<\/p>\n